Three private equity firms are reportedly in talks with British American Tobacco about submitting a rival bid for Altadis, a Franco-Spanish cigarette maker that has become a bid target in the latest round of consolidation in the industry.
1 min read · 03 January 2013
A consortium led by Veronis Suhler Stevenson has bought US publishing business Advanstar from DLJ Merchant Banking Partners, for $1.1 billion.
1 min read · 03 January 2013
Industri Kapital, a Nordic buyout firm that is preparing to hit the fundraising trail, has taken advantage of the red-hot market for European housebuilders by selling Swedish-based Prevesta for €204 million. The sale will generate a return of more than ten times IK’s initial investment.
2 min read · 03 January 2013
Wendel Investissement, a French listed investment company, reported increased profits and sales at its portfolio companies in 2006, as it considers a listing of its biggest subsidiary.
2 min read · 03 January 2013
HgCapital has completed its exit from the Hirschmann Group, selling the car communication division to management for an undisclosed sum.
1 min read · 03 January 2013
Esprit Capital Partners has sold its stake in fraud software business Neteconomy, as it hits the exit trail ahead of another fundraising round.
2 min read · 03 January 2013
HgCapital’s renewable energy team, which recently closed a dedicated fund, has made its first investment outside the wind energy sector, backing a German biogas project called Aufwind.
1 min read · 03 January 2013
Darwin Private Equity, a new mid-market fund launched by three former large buyout specialists, has received the backing of Lord Rothschild’s vehicle RIT Partners.
1 min read · 03 January 2013
3i said in a pre-close update that it will pay out another £800 million to shareholders after a strong year for investment and realisations. It has now made £2 billion of dividend awards in three years.
1 min read · 03 January 2013
CVC Capital Partners has realised most of its investment in German metering business ista, after completing a €2.4 billion secondary sale to UK buyout firm Charterhouse Capital Partners.
1 min read · 03 January 2013
